Tesla Recalled 15,869 Model S And Model X Vehicles As Front-row Seat Belts May Not Be Connected Properly To The Pretensioner Anchors; Tesla Recalled 1337 Model S, Model X, And Model Y Vehicles As The Forward-facing Camera May Be Misaligned
Portfolio Pulse from Charles Gross
Tesla has issued a recall for 15,869 Model S and Model X vehicles due to potential issues with front-row seat belts. Additionally, 1337 Model S, Model X, and Model Y vehicles have been recalled due to possible misalignment of the forward-facing camera.
July 20, 2023 | 9:33 am
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NEGATIVE IMPACT
Tesla's recall of a significant number of vehicles could potentially impact the company's reputation and financials in the short term.
Recalls often lead to increased costs for the company, both in terms of repairs and potential loss of sales due to reputational damage. This could negatively impact Tesla's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100